In a surprising move, giants like Microsoft and venture capitalists from Andreessen Horowitz (a16z) have come together. But this isn't about a new tech project. It's about a plea to governments: don't mess with their money by regulating AI. They say it’s about protecting startups, but the truth migh
You might have heard of "The Magnificent Seven, " a classic Western film about a band of heroes. Well, in the world of finance, there's a new Magnificent 7 too! But these heroes aren't fighting bandits; they're tech companies driving market growth. Bank of America's Michael Hartnett coined this phra
So, Elon Musk, the richest guy in tech and a big player in the US space game, has been having chats with Russia's President Vladimir Putin. These talks, which started late last year, have raised some eyebrows. Why? Well, Musk has close ties with the US military and intelligence agencies. He even has
Meta, the company behind Facebook and Instagram, recently gave the boot to over 20 employees in Los Angeles. Why? They were caught red-handed using food credits meant for meals to buy stuff like toothpaste and wine glasses. These credits were supposed to be used for food delivery services like Uber
Ever wondered how tech giants like Microsoft and Google plan to power their massive AI models? The answer might surprise you. They're looking back to the past, specifically to nuclear energy. You read that right! After years of relying on fossil fuels and causing environmental concerns, these compan
In the heart of West Texas lies Abilene, a town formerly known for cattle grazing but now transforming into a hub for artificial intelligence (AI). Two companies, Lancium and Crusoe Energy Systems, have teamed up to build a massive AI data center outside Abilene. This 200-megawatt project is the fir
You might have heard that AI is going to take over the job market. But hold on, one economist says we shouldn’t be too worried just yet. Daron Acemoglu thinks only about 5% of jobs will be replaced or heavily helped by AI in the next decade. So, is all this AI hype getting out of hand? Right now, A
You might have heard about Starling Bank getting a hefty fine. The Financial Conduct Authority (FCA) slapped them with a £29 million penalty for not doing enough to stop money laundering. It's not just about one bank though—this problem runs deeper into the fintech industry. Starling messed up big
San Francisco's reputation as a bastion of progressive politics is being challenged. The city, once known for its liberal leanings, is shifting towards the center. This shift is reflected in the upcoming mayoral election, where only one candidate, Aaron Peskin, is running on a progressive agenda. Pe
The European Union is taking a bold step to promote competition in the digital market by compelling Apple to open up its operating system to rival technologies. The move is part of the bloc's Digital Markets Act, which aims to prevent Big Tech from dominating digital markets by breaking up closed ec
